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Update: Richard Branson Still Planning To Create Eco-Resort

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Previously we told you about reports that billionaire Richard Branson sold off Mosquito Island (also spelled “Moskito”) in the British Virgin Islands for the sum of $20.5M. However, it turns out that those reports were “completely false.”

Plans to turn the island into an eco-resort— with 20 villas and a beachfront restaurant powered entirely by wind turbines and solar panels— are still underway, according to the project’s manager, Ryan West. The developers aren’t sure how rumors flared that the 124-acre island had been sold to Split Holdings, but the story seems to have first appeared in the UK paper, The Times.

Subsequently the story was published on websites like The Australian, Washington Post, and, well, ours! All of these websites have since removed the story, and we’ve made it clear on ours that these rumors are false.

The island is only a mile offshore from Necker Island, Branson’s home in the Caribbean, and we are really looking forward to seeing the finalized eco-product!

Via The BVI Beacon

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